New York StateWorkers' Compensation BoardOFFICE OF THE CHAIR328 State Street Schenectady, New York 12305

Governor Andrew M. Cuomo

Subject No. 046-896

New York Workers’ Compensation Board Announces 2017 Assessment Rate

Date: November 1, 2016

Pursuant to WCL §151, the Chair of the Workers' Compensation Board shall annually establish an assessment rate for all employers by November 1st of each year, to be effective January 1st of the subsequent calendar year. For calendar year 2017, the rate shall be 12.2% of the standard premium or premium equivalent.

The new rate shall be effective for policies renewing on or after January 1, 2017 and represents a decrease from the 2016 rate of 12.9%.